Summary
Commerce Secretary Howard Lutnick urged Fox News viewers to buy Tesla stock, praising Elon Musk as “the best person to bet on.”
Speaking on Jesse Watters Primetime, Lutnick defended Musk amid vandalism protests linked to Musk’s support for far-right politics and federal budget cuts.
He claimed Musk’s innovations, including robots and space technology, make Tesla stock undervalued.
Lutnick’s comments sparked criticism over potential legal and ethical conflicts, as government officials promoting individual stocks may violate ethics regulations.
Short TSLA.
Puts at 170 will pay out very nicely.
Whats your expiry? This volatility is making puts so damn expensive
I was personally looking at May, but that’s pretty damn expensive for me.
I’m thinking June, but I’m also not going to go to 170.
Late May